re: 'You earned it, you keep it act' bill would eliminate taxes on Social Security

quote:

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Yes. I was just repeating wording in the OP source. FYI, the actual bill frames it in terms of an employment/wage tax.

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I wasn't trying to challenge you, I saw what you were quoting. You are right, thanks for posting.

But the bill also details that the limit would essentially be phased out. It also says you will get very little benefit for those contributions over 250k. So this absolutely reads as additional tax for high earners moving forward. They are coming for those S corp earnings